• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

How are you handling "support your adjustments" revision requests?

Who bumps a 5 month old thread??
Nothing is happening. You jumped in too.

If you want fresh content, put something out there. Apparently I was the only one bothering to do so in the review section.

By your standard, one can not comment on anything, because nobody posts anything new here.

Pick which of the five threads from the entire year..... June, July, Mar, Feb, Dec.

Save it.

Stale, nothing happening.JPG
 
Getting more of these lately where the reviewer wants paired sales or regression support for basically every line item on the grid. Time/date, fine. But when they want me to prove my GLA rate with a paired sales analysis on a report I'm getting paid $500 for, it feels like the math doesn't work.

For those of you getting these regularly, are you building up a library of paired sales you can pull from? Or are you doing fresh analysis every time and just eating the hours?
sounds like Red Sky justifying their job
 
I don't get those requests. I use charts, regression model and synapse in each report. I learned early, easier to show it there, then sitting in my work file. With synapse you have to load new data with each appraisal to be accurate. But the excell template is easy to set up, they have how to info. And the MLS provides excell data, well mine does. Once everything is set up with your templates then it's easy for them to do your adjustments while showing how. Now with items like baths, etc I say i use cost $ amount new minus depreciation. patios, decks, porche just a number, but the same thought, minor adjustments.

For GLA, there has been many times posted here an excell chart that shows how you got it. Mostly pretty good, and you can change the GLA final $ amount. But is shows that at least you gave it some value thought. Sometimes GLA doesn't make sense. This is the excell file attached, you just add in numbers. Take the time to learn excell.
how soon before they want your depreciation adjustment calculations
 
A strong case could be made that adjustments are not required for credible assignment results.

Adjustments are primarily intended to assist the appraiser...not to make the UW warm and fuzzy. I have yet to see a reliable or useful statistical model that can adequately mimic irrational human decision making.
 
A strong case could be made that adjustments are not required for credible assignment results.

Adjustments are primarily intended to assist the appraiser...not to make the UW warm and fuzzy. I have yet to see a reliable or useful statistical model that can adequately mimic irrational human decision making.
Getting a little experience will help you. Where was it ever dictated or suggested that anyone adequately mimic irrational human decision making? Obviously, if you don’t understand the task, you should not undertake the
 
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top